Mary Lou Retton Net Worth: Inspiring Journey of the Olympic Gold Medalist

Mary Lou Retton

Mary Lou Retton is a name synonymous with excellence, triumph, and inspiration in the world of gymnastics. With her remarkable achievements and enduring legacy, she has left an indelible mark on the sport. This article delves into Mary Lou Retton net worth, her illustrious career, personal life, and the challenges she has faced and overcome.

Biography

AttributeDetails
Full NameMary Lou Retton
NicknameAmerica’s Sweetheart
GenderFemale
BirthdayJanuary 24, 1968
Age56 (as of 2024)
BirthplaceFairmont, West Virginia, USA
Current ResidenceHouston, Texas, USA
Zodiac SignAquarius
NationalityAmerican
EthnicityCaucasian
ReligionChristian
EducationUniversity of Texas at Austin
ProfessionGymnast, Motivational Speaker, Endorser
FatherRonnie Retton
MotherLois Retton
SiblingsFour brothers
Marital StatusDivorced
SpouseShannon Kelley (m. 1990; div. 2018)
ChildrenShayla, McKenna, Skyla, Emma Kelley
Height4 ft 9 in (1.45 m)
Weight93 lbs (42 kg)
Hair ColorBrown
Eye ColorBrown
Net Worth$2 million
Source of IncomeGymnastics, Endorsements, Public Appearances, Motivational Speaking

Who is Mary Lou Retton?

Mary Lou Retton is an American gymnast who catapulted to international fame by winning the gold medal in the individual all-around competition at the 1984 Summer Olympics in Los Angeles. Her victory was not just a personal triumph but a historic moment for the United States, as she became the first American woman to win the all-around gold medal in gymnastics. Her charismatic personality and unbeatable spirit made her an instant national hero.

Retton’s success at the Olympics was a testament to her hard work, determination, and resilience. She scored perfect tens on the vault and floor exercise, securing her place in the annals of sports history. Her performance inspired countless young gymnasts and brought gymnastics to the forefront of American sports.

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What is Mary Lou Retton’s Net Worth?

As of 2024, Mary Lou Retton net worth is estimated to be around $2 million. This figure reflects her earnings from her gymnastics career, endorsement deals, public appearances, and other ventures. Retton’s net worth, however, is not just a measure of her financial success but also a reflection of her enduring influence and legacy in the world of sports.

Mary Lou Retton net worth

Retton’s endorsement deals played a significant role in building her net worth. She became the first female athlete to appear on the front of a Wheaties cereal box, a testament to her widespread popularity and marketability. Over the years, she has endorsed numerous brands, including McDonald’s, Vidal Sassoon, and Revco, among others.

Illness and Fundraiser

In October 2023, Mary Lou Retton faced a severe health crisis when she was hospitalized with a life-threatening case of pneumonia. Her condition was so critical that she was unable to breathe on her own and required intensive care. The medical expenses were staggering, and Retton did not have health insurance to cover the costs.

In a heartwarming display of support and solidarity, Retton’s daughter, McKenna Kelley, launched a crowdfunding campaign to raise funds for her mother’s medical expenses. The campaign garnered widespread attention and raised over $459,000, including a generous $50,000 donation from businessman Jim “Mattress Mack” McIngvale and his wife. This overwhelming response highlighted the deep affection and respect that people have for Retton and her legacy.

Personal Life

Mary Lou Retton’s personal life has been as eventful and inspiring as her professional career. After retiring from gymnastics, she attended the University of Texas at Austin. She lived in Houston, Texas, before moving back to West Virginia and then returning to Houston. In 1990, she married Shannon Kelley, a real estate developer and former quarterback of the University of Texas.

Mary Lou Retton and Shannon Kelley

The couple has four daughters: Shayla, McKenna, Skyla, and Emma, who have followed in their mother’s footsteps in various ways. Retton’s dedication to her family and her ability to balance her professional and personal life is a testament to her strength and resilience.

Divorce Settlement

In 2018, Mary Lou Retton and Shannon Kelley went through a divorce after nearly three decades of marriage. The divorce settlement included a payment of $2 million in cash and property to Retton. This settlement, which included proceeds from the sale of their homes in Houston and West Virginia, significantly impacted her net worth.

Despite the challenges of the divorce, Retton has remained focused on her family and her career. Her resilience in the face of personal adversity is a reflection of the same determination and spirit that defined her gymnastics career.

Early Life

Mary Lou Retton was born on January 24, 1968, in Fairmont, West Virginia. She was born with hip dysplasia, a condition that could have hindered her gymnastics career. However, with unwavering determination and the support of her family, Retton overcame this challenge and began training in gymnastics at the age of 8.

Her family moved to Houston, Texas, so she could train under the renowned coaches Bela and Marta Karolyi. Under their guidance, Retton honed her skills and quickly became a rising star in the world of gymnastics. Her early life was marked by perseverance, hard work, and a relentless pursuit of excellence.

Gymnastics Career

Mary Lou Retton’s gymnastics career is a story of triumph and inspiration. She made her mark in the sport at a young age, winning the American Cup in 1983 and placing second in the U.S. Nationals. Despite a wrist injury that kept her out of the World Gymnastics Championships, she continued to excel and won the American Classic in 1983 and 1984.

Mary Lou Retton awards

Her crowning achievement came at the 1984 Summer Olympics in Los Angeles, where she won the gold medal in the individual all-around competition. Despite a knee injury that required surgery just weeks before the Olympics, Retton’s determination and skill led her to victory. She also won two silver and two bronze medals, cementing her status as one of the greatest gymnasts of all time.

Endorsements

Following her Olympic success, Mary Lou Retton became a sought-after spokesperson and endorser. Her image graced the front of Wheaties cereal boxes, making her the first female athlete to achieve this honor. She also endorsed a wide range of products, including McDonald’s, Vidal Sassoon, Energizer batteries, Purex detergent, and GNC, among others.

Retton’s endorsements extended beyond consumer products. She was an outspoken supporter of the Reagan administration and appeared in several television ads supporting Ronald Reagan for president. Her endorsements and public appearances contributed significantly to her net worth and cemented her status as a beloved public figure.

Other Appearances

In addition to her gymnastics career and endorsements, Mary Lou Retton made numerous appearances in movies and television shows. She appeared in films such as “Scrooged” and “Naked Gun 33⅓: The Final Insult” and TV shows like “Knots Landing” and “Baywatch.” Her charismatic personality and enduring popularity made her a natural fit for these roles.

Mary Lou Retton bio

Retton also competed on the 27th season of “Dancing with the Stars” in 2018, where she was partnered with professional dancer Sasha Farber. Although she was eliminated in the sixth week, her participation in the show demonstrated her versatility and enduring appeal.

Real Estate

Mary Lou Retton’s real estate investments have also contributed to her net worth. Following her divorce from Shannon Kelley, Retton received a significant settlement that included proceeds from the sale of their homes in Houston and West Virginia. The Houston home was sold for $800,000, while the West Virginia home was sold for $575,000.

These real estate transactions, along with her other financial assets, have played a role in maintaining Mary Lou Retton net worth. Retton’s ability to manage her finances and investments is a testament to her business acumen and resilience.

Quick Facts

  • Mary Lou Retton Net Worth: $2 million
  • Birthdate: January 24, 1968
  • Birthplace: Fairmont, West Virginia
  • Profession: Gymnast, Actor
  • Height: 4 ft 9 in (1.45 m)
  • Nationality: United States of America

Final Thoughts

Mary Lou Retton’s journey is one of triumph, resilience, and inspiration. From her historic victory at the 1984 Summer Olympics to her successful endorsements and public appearances, she has left an indelible mark on the world of sports and beyond. Despite facing significant health challenges and financial difficulties, Retton’s spirit remains unbroken.

Her story is a testament to the power of determination, hard work, and the unwavering support of family and fans. As she continues to inspire new generations of athletes and admirers, Mary Lou Retton’s legacy will endure for years to come.

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FAQs

What is Mary Lou Retton net worth in 2024?

Mary Lou Retton net worth in 2024 is estimated to be around $2 million.

What was Mary Lou Retton’s most significant achievement?

Mary Lou Retton’s most significant achievement was winning the gold medal in the individual all-around competition at the 1984 Summer Olympics.

How did Mary Lou Retton become famous?

Mary Lou Retton became famous for her outstanding performance at the 1984 Summer Olympics, where she won the gold medal in the individual all-around competition.

What health challenges has Mary Lou Retton faced?

Mary Lou Retton faced a severe health challenge in October 2023 when she was hospitalized with pneumonia. She required intensive care and did not have health insurance to cover the medical expenses.

What endorsement deals has Mary Lou Retton had?

Mary Lou Retton has had endorsement deals with brands such as Wheaties, McDonald’s, Vidal Sassoon, Energizer batteries, Purex detergent, and GNC, among others.

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